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16061 296th Street
Cornell, WI 54732
Asking Price
$1.49M
Asset Type
Hospitality
Class
Class B
What's Special
Hospitality <ul><li>Well-established lakefront hospitality property</li><li>Turnkey, income-producing property</li><li>Multiple revenue streams including bar/restaurant operations, event and banquet space, rental lodging, campground income, boat storage, and recreational rentals</li><li>Fully operational waterfront destination with strong repeat clientele</li><li>Future expansion potential</li><li>Located just outside of Cornell and within easy reach of Chippewa Falls, Eau Claire, and Holcombe</li></u
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NOI
$80,000
Cap Rate
5.37%
DSCR
0.90
Underwater
Cash-on-Cash
-1.89%
Monthly Payment
$7,371.707
Annual Cash Flow
$-8,460.484
